Attempt in Progress Manto Realty Ltd. is a land developer with a calendar year end. When Manto needs capital to buy land, it often issues common shares, and once cash is obtained on large land sales, shares are often repurchased. Profit for the year ended December 31, 2021 was $850,000. Manto's board of directors declared and paid the annual dividend to its preferred shareholders. Manto Realty Ltd. reported the following information related to its shareholders' equity on January 1, 2021. $4,400,000 $2-cumulative preferred shares, unlimited number of shares authorized, 100,000 shares issued Common shares, unlimited number of shares authorized, 550,000 shares issued Contributed surplus-reacquisition of common shares Retained earnings 3,322,000 21,000 5.254,000 Commor share issuances and reacquisitions were as follows for 2021 Feb. 1 May 31 July 31 Issued 15,600 shares Reacquired 9,600 shares Issued 26,400 shares Issued 4 800 shares Reacquired 15.600 shares Nov. 1 Dec. 1 Calculate the weighted average number of common shares for 2021. (Round each calculation to the nearest w Weighted average number of common shares Question Part Score Calculate the earnings per share for Manto Realty Ltd. (Round answer to 2 decimal places, e.g. 52.76.) Earnings per share ratio $ Question Part Score Assume instead that the preferred shares are noncumulative and that there were no dividends paid during the year. Calculate the earnings per share for Manto Realty Ltd. (Round answer to 2 decimal places, eg. 52.76.) Earnings per share $